Catan

[nairolf @0xNairolf]

your new goal is to time the absolute bitcoin top and take the biggest mortgage of your life

[Wicked @w_s_bitcoin]

Prices got so out of control that the Central Bank of Venezuela had to lop off five zeros in 2018. And then they got so out of control again in 2021 that it had to lop off six zeros.

Redenominating your currency by a factor of 1:100,000,000,000 in just a few years is crazy work.

[Firearms Policy Coalition @gunpolicy]

Our Harrel v. Raoul case has had a full trial—the Court considered evidence, expert testimony, and the whole range of Court proceedings.

Now, Illinois is desperate for the 7th Circuit to basically ignore all of the facts and “just uphold our ban, bro, we promise, just one more gun ban, it’ll work, trust me bro.”

Fuckin’ dorks.

[Michael Saylor @saylor]

Strategy is offering $STRC (“Stretch”), a new Perpetual Preferred Stock via IPO, to select investors. $MSTR

[The Kobeissi Letter @KobeissiLetter]

This is absolutely insane:

Total US debt is now expected to hit $40 TRILLION THIS YEAR, per Kalshi.

To put this into perspective, at the start of 2020, total US debt stood at $23.2 trillion.

This would mark a near $17 TRILLION increase in 6 years.

Never in history has the US borrowed even remotely near the levels we are borrowing now.

This is a crisis.

[Benjamin Cowen @benjamincowen]

Why is it called a debt ceiling if it always gets raised?

We should start calling it the debt target

[Michael Saylor @saylor]

Bitcoin has been recognized as a reserve asset by the U.S. housing system — a defining moment for institutional BTC adoption and collateral recognition.

[Quinten @QuintenFrancois]

🚨74% of Bitcoin losses came from holders who bought in the last month🚨

Newcomers are getting shaken out

[James Van Straten @btcjvs]

This is currently who is selling.

Short-Term Holders who bought the top are selling spot Bitcoin, this isn't leverage driven, perps aren't negative.

Thats why equities such as MSTR are green, they must have bottomed out or close to.

Just your old fashioned fire sale, in BTC.

[Richard Byworth ∞/21M @RichardByworth]

If @ryancohen is ready, today he is being handed a gift…

[Michael Saylor @saylor]

21 Rules of ₿itcoin

1. Those who understand buy Bitcoin.
2. Those who don’t, criticize Bitcoin.
3. Everyone is against Bitcoin before they are for it.
4. You will never be done learning about Bitcoin.
5. Bitcoin is powered by chaos.
6. Bitcoin is the only game in the casino that we can all win.
7. Bitcoin is the one thing in the universe that you can truly own.
8. Everyone gets Bitcoin at the price they deserve.
9. Only buy Bitcoin with the money you can’t afford to lose.
10. Tickets to escape the matrix are priced in Bitcoin.
11. Bitcoin insight is restricted to those with a need to know.
12. All your models will be destroyed.
13. The cure to economic ill is the orange pill.
14. Be for Bitcoin, not against Fiat.
15. Bitcoin is for everyone.
16. Learn to think in Bitcoin.
17. You don’t change Bitcoin, it changes you.
18. Laser eyes protect you from endless lies.
19. Respect Bitcoin, or it will make a clown out of you.
20. You do not sell your Bitcoin.
21. Spread Bitcoin with love.

[Catan @boostedthought]

@notpubes @FollyNine What’s GRAB?

[Catan @boostedthought]

@ryQuant https://t.co/i8oHQ1tYD7

[Sam Callahan @samcallah]

Critical Metals Corp just became the first Nasdaq-listed critical minerals company to make Bitcoin its primary treasury reserve asset.

They already have access to $100mm to buy bitcoin and could acquire up to $400mm more via a convertible debt raise.

(s/o @hashrate)

[Michael Mo @michaelmokulr]

KULR has acquired 213.43 BTC for ~ $21 million at ~ $98,246 per #bitcoin and has achieved BTC Yield of 93.7 % YTD. As of 1/6/25, we hodl 430.61 $BTC acquired for ~ $42 million at ~ $97,391 per bitcoin. $KULR

https://t.co/L4LS7DtL4M

[Dylan LeClair @DylanLeClair]

It’s absolutely foolish to freak out about the authorized share increase. A few points:

1) Everything Saylor and the MSTR treasury team do is geared to benefit common shareholders. The entire KPI used by management is about adding quantifiable value per share in BTC terms. Any math where you assume 10b share dilution today is needlessly stupid.

2) The authorized share count limit is a threshold that shareholders have to approve to raise. Many pubcos in the U.S. have a massive (!) authorized share count so they just never have to call another extraordinary shareholder meeting to vote on an increase. It’s just about flexibility. For example, for us in Japan, the rule is authorized shares can only be 4x outstanding shares. As such, Metaplanet has increased authorized shares twice this year, from 22.8m -> 65.0m , and from 65.0m -> 145.0m. Both instances required us to call an EGM (Extraordinary General Meeting of Shareholders).

This is all that MSTR is doing, but they have no limit, so they’re just getting it out of the way for a long time.

This does not necessarily mean shares outstanding or fully diluted count are increasing! It just gives the board flexibility and breathing room. It absolutely makes sense to just increase it once and not have to worry about it again.

Remember back to point #1. If it’s not increasing BTC value per share, the treasury team won’t pursue it. That’s the entire point of reporting the BTC Yield KPI. If the accretive nature of the MSTR capital plan is rubbing you the wrong way, you either need to broaden your time horizon, or you are in the wrong trade.

Here’s a simple idea: Let Saylor cook.

End/

Merry Christmas!! 🎁🎄

[Satoshi’s Journal @SatoshisJournal]

Michael Saylor's end game is to buy $3 trillion worth of #Bitcoin! 👀

Microstrategy could, CONSERVATIVELY, own approximately 16% of the total Bitcoin Supply or 3,439,002 Bitcoin!!

For those that think this is a MOONBOI projection, listen to the video clip below, VERY CLOSELY, and you will hear him say that he plans on buying $3 trillion worth of Bitcoin 🤯

Even if Saylor buys $3 trillion worth of Bitcoin, at an average price of $1 million per coin, he would be able to buy 3,000,000 Bitcoin! Check my math!

This would CONSERVATIVELY bring his total Bitcoin holdings to 3,444,262, or 16% of the total Bitcoin Supply!!

Saylor could single handedly jack the price of Bitcoin to $1 million per coin and @Excellion's Omega candle could be coming in 2025.

What going to happen when Nation States, Google, Amazon, Facebook and billions of people complement Saylor's $3 trillion purchase? What is bigger than an omega candle? I asked GROK and it doesn't even know! 😂

I think we should name it the ♾️ candle. This would be representative of @w_s_bitcoin's
Stock to Fomo model (see graphic below) and his post: https://t.co/u2MRfkbVHS

Saylor has said he is going to double his $42 Billion Bitcoin investment at least 4 times and here is how this could lead to him acquiring more than 4 million Bitcoin in 2025:

Q1 2025 - Raise $84 Billion to buy 700,000 Bitcoin at average price of $120k/Bitcoin.

Q2 2025 - Raise $168 Billion to buy 988,235 Bitcoin at average price of $170k/Bitcoin

Q3 2025 - Raise $336 Billion to buy 1,050,000 Bitcoin at average price of $320k/Bitcoin

Q4 2025 - Raise $672 Billion to buy 1,680,000 Bitcoin at average price of $400k/Bitcoin

In one year there is the possibility that he could REALISTICALLY buy 4,418,235 Bitcoin!! I say "realistically" because the demand for Saylor's $42 Billion equity raise was so great that he is going to be able to use it all up in 3-4 months instead of the projected 3 years!!🤯

This would bring their current Bitcoin holdings of 444,262 Bitcoin to 4,857,237!!!! Or 23% of all Bitcoin!!

Calculations are based on our post below:
https://t.co/djmNntCrnr

We are closer to $1 million Bitcoin than you think. I believe we will get to this price sooner than Wicked 's projected date of 4/4/2030. I agree with Samson that we get to $1 million per coin by the end of 2025! Hold on to your hat, because we are about to experience exponential, LIFTOFF.

To understand exponential growth, envision yourself holding two very powerful magnets. As you start to bring the two magnets together, it gets harder to hold them apart and all of a sudden, BAM, they clap together! This is what we are about to experience, a SUDDEN BAM, in the price of Bitcoin as adoption goes from <1% to 10% in a very short time frame.

Now you may better understand why Saylor is frantically, but intelligently, trying to buy $42 Billion of Bitcoin. As an engineer he understands what exponential demand will cause to the price of a finite commodity.

Saylor has been on record as saying that "he will be buying the top forever."

Don't ever underestimate an astro/aeronautical MIT engineer.

[Dan Hillery @hillery_dan]

"You need to give me a P/E"